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Industrial Control Transformer Market by Phase (Single and Three), Power Rating (25–500 VA, 500–1,000 VA, 1,000–1,500 VA, and > 1,500 VA), End-User (Power Generation, Oil & Gas, Chemical, Metal & Mining), and Region - Global Forecast to 2023

Industrial Control Transformer Market by Phase (Single and Three), Power Rating (25–500 VA, 500–1,000 VA, 1,000–1,500 VA, and > 1,500 VA), End-User (Power Generation, Oil & Gas, Chemical, Metal & Mining), and Region - Global Forecast to 2023

“The industrial control transformer market is projected to grow at a CAGR of 5.14% from 2018 to 2023”
The industrial control transformer market is projected to grow from USD 809.2 million in 2018 to USD 1,039.8 million by 2023, at a CAGR of 5.14%, from 2018 to 2023. Increased usage of industrial control transformers across major industries, booming power sector and augmented power generation capacities worldwide, and need to reduce equipment failure caused by frequent voltage spikes are driving the industrial control transformer market across the world. On the contrary, stagnant growth of the oil & gas industry; a slowdown in the mining industry in Asia Pacific, South America, and Africa; dependency of other devices for voltage regulation, and gray market providing low-quality & cheap substitute products could hinder the market growth to certain extent.

“The metals and mining segment is expected to hold the largest share of the industrial control transformer market, by end-user, during the forecast period”
As per the World Steel Organization statistics, the steel output grew from 1,560 million tons in 2012 to 1,630 million tons in 2016. Industrial control transformers in steel manufacturing regulate voltage in various processes such as a furnace for heating the steel and for cooling the rolled steel. In the mining industry, industrial control transformers have a wide application in compressors, motors, mills, drills, and cranes, which are used for machines that require a relatively large amount of force.

“Asia Pacific: Key market for industrial control transformers”
Asia Pacific is the fastest growing industrial control transformer market during the forecast period due to the need for power infrastructure construction, mostly in China and India along with a rising concern for safety in electrical equipment, the need for industrial control transformers has increased considerably to prevent the equipment from any accidents.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1—72%, Tier 2—13%, Tier 3—15%
By Designation: C-Level—25%, D-Level—34%, Others—41%
By Region: North America—12%, Asia Pacific—54%, Middle East & Africa—24%, RoW—10%

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 = >USD 5 billion, Tier 2 = From USD 1 billion to USD 5 billion, and Tier 3 = <USD 1 billion
Note: Others includes sales managers, marketing managers, product managers, and engineers.

The leading players in the industrial control transformer market are ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider (France), GE (US), Hubbell (US), Emerson (US), and Rockwell (US).

Research Coverage:
The report provides a picture of the industrial control transformer market across the power industry and regions. It aims at estimating the market size and future growth potential of the market across different segments such as phase, power rating, end-user, and region. Furthermore, the report also includes an in-depth competitive analysis of key players in the market along with their company profiles, recent developments, and key market strategies.

For the purpose of this report, the market has been segmented on the basis of phase, power rating, end-user, and region with a focus on industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the industrial control transformer market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and product launches in the industrial control transformer market

Market Development: Comprehensive information about lucrative emerging markets; the report analyzes the markets for industrial control transformer across regions

Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global industrial control transformer market

Why buy this report?
1. The report identifies and addresses key markets for the implementation of industrial control transformers in the power industry, which would help manufacturers review the growth in demand.
2. The report helps solution providers understand the pulse of the market and provide insights into drivers, restraints, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in the decision-making process.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • REGIONAL SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH LIMITATIONS
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table INDUSTRIAL CONTROL TRANSFORMER MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE INDUSTRIAL CONTROL TRANSFORMER MARKET DURING THE FORECAST PERIOD
    • INDUSTRIAL CONTROL TRANSFORMER MARKET, BY COUNTRY
    • ASIA PACIFIC INDUSTRIAL CONTROL TRANSFORMER MARKET, BY END-USER & COUNTRY
    • INDUSTRIAL CONTROL TRANSFORMER MARKET, BY PHASE
    • INDUSTRIAL CONTROL TRANSFORMER MARKET, BY POWER RATING
    • INDUSTRIAL CONTROL TRANSFORMER MARKET, BY END-USER
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
    • DRIVERS
      • NEED TO REDUCE EQUIPMENT FAILURE CAUSED BY FREQUENT VOLTAGE SPIKES
      • BOOMING POWER SECTOR AND AUGMENTED POWER GENERATION CAPACITIES WORLDWIDE
      • INCREASED USAGE OF INDUSTRIAL CONTROL TRANSFORMERS ACROSS MAJOR INDUSTRIES
    • RESTRAINTS
      • STAGNANT GROWTH OF THE OIL & GAS INDUSTRY
      • SLOWDOWN IN THE MINING INDUSTRY IN ASIA PACIFIC, SOUTH AMERICA, AND AFRICA
    • OPPORTUNITIES
      • CHANGING THE FACE OF THE MIDDLE EAST MANUFACTURING INDUSTRY
      • AGING POWER INFRASTRUCTURE
      • GROWING ROBOTICS TECHNOLOGY
    • CHALLENGES
      • DEPENDENT ON OTHER DEVICES FOR VOLTAGE REGULATION
      • GRAY MARKET PROVIDING LOW-QUALITY & INEXPENSIVE PRODUCTS
  • INDUSTRIAL CONTROL TRANSFORMER MARKET, BY POWER RATING
    • INTRODUCTION
      • Table INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY POWER RATING, 2016–2023 (USD MILLION)
    • 25–500 VA
      • Table 25–500 VA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • 500–1,000 VA
      • Table 500–1,000 VA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • 1,000–1,500 VA
      • Table 1,000–1,500 VA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • ABOVE 1,500 VA
      • Table ABOVE 1,500 VA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • INDUSTRIAL CONTROL TRANSFORMER MARKET, BY PHASE
    • INTRODUCTION
      • Table INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY PHASE, 2016–2023 (USD MILLION)
    • THREE-PHASE
      • Table THREE-PHASE: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SINGLE-PHASE
      • Table SINGLE-PHASE: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • INDUSTRIAL CONTROL TRANSFORMER MARKET, BY END-USER
    • INTRODUCTION
      • Table INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016-2023 (USD MILLION)
    • POWER GENERATION
      • Table POWER GENERATION: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • OIL & GAS
      • Table OIL & GAS: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • CHEMICAL
      • Table CHEMICAL: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • METAL & MINING
      • Table METAL & MINING: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • INDUSTRIAL CONTROL TRANSFORMER MARKET, BY REGION
    • INTRODUCTION
      • Table INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
      • Table TOP FIVE LARGEST INDUSTRIAL CONTROL TRANSFORMER MARKETS, 2016–2023 (USD MILLION)
      • Table TOP FIVE FASTEST GROWING INDUSTRIAL CONTROL TRANSFORMER MARKETS, 2016–2023 (USD MILLION)
    • ASIA PACIFIC
      • BY PHASE
        • Table ASIA PACIFIC: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY PHASE, 2016–2023 (USD MILLION)
      • BY POWER RATING
        • Table ASIA PACIFIC: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY POWER RATING, 2016–2023 (USD MILLION)
      • BY END-USER
        • Table ASIA PACIFIC: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table ASIA PACIFIC: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table CHINA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table AUSTRALIA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table INDIA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table JAPAN: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table SOUTH KOREA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table REST OF ASIA PACIFIC: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY PHASE, 2016–2023 (USD MILLION)
      • BY POWER RATING
        • Table NORTH AMERICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY POWER RATING, 2016–2023 (USD MILLION)
      • BY END-USER
        • Table NORTH AMERICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table US: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table CANADA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table MEXICO: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
    • EUROPE
      • BY PHASE
        • Table EUROPE: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY PHASE, 2016–2023 (USD MILLION)
      • BY POWER RATING
        • Table EUROPE: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY POWER RATING, 2016–2023 (USD MILLION)
      • BY END-USER
        • Table EUROPE: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table GERMANY: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table UK: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table FRANCE: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table RUSSIA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table REST OF EUROPE: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • BY PHASE
        • Table MIDDLE EAST & AFRICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY PHASE, 2016–2023 (USD MILLION)
      • BY POWER RATING
        • Table MIDDLE EAST & AFRICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY POWER RATING, 2016–2023 (USD MILLION)
      • BY END-USER
        • Table MIDDLE EAST & AFRICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST & AFRICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table SAUDI ARABIA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table IRAN: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table UAE: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table NIGERIA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table SOUTH AFRICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table REST OF MIDDLE EAST & AFRICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
    • SOUTH AMERICA
      • BY PHASE
        • Table SOUTH AMERICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY PHASE, 2016–2023 (USD MILLION)
      • BY POWER RATING
        • Table SOUTH AMERICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY POWER RATING, 2016–2023 (USD MILLION)
      • BY END-USER
        • Table SOUTH AMERICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table BRAZIL: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table ARGENTINA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table REST OF SOUTH AMERICA: INDUSTRIAL CONTROL TRANSFORMER MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • RANKING OF PLAYERS
    • COMPETITIVE SCENARIO
      • Table DEVELOPMENTS OF KEY PLAYERS IN THE MARKET, 2014–MARCH 2018
      • EXPANSIONS & INVESTMENTS
      • NEW PRODUCT LAUNCHES
      • MERGERS & ACQUISITIONS
  • COMPANY PROFILES
    • BENCHMARKING
    • ABB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EATON
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIEMENS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCHNEIDER ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HUBBELL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • EMERSON ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • ROCKWELL AUTOMATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • ELECTRIC HAMMOND POWER SOLUTIONS (HPS)
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
    • BROADMAN TRANSFORMERS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • DONGAN ELECTRIC MANUFACTURING CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • MCI TRANSFORMERS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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